Mack-Cali Realty Corporation Announces Tax Treatment Of 2012 Dividends

    Mack-Cali Realty Corporation Announces Tax Treatment Of 2012 Dividends

PR Newswire

EDISON, N.J., Jan. 15, 2013

EDISON, N.J., Jan. 15, 2013 /PRNewswire/ -- Mack-Cali Realty Corporation
(NYSE: CLI) today announced the tax treatment of its 2012 dividends. The
Company's total distribution of $1.80 per share of common stock (CUSIP
#554489104) is to be classified for income tax purposes as follows:

                  CASH                   TAXABLE       NONDIVIDEND
                  DISTRIBUTIONS          ORDINARY      DISTRIBUTIONS
                  PER SHARE              DIVIDENDS     (RETURN OF CAPITAL)
01/05/12 01/13/12 $       0.45000 $   0.33665 $       0.11335
04/04/12 04/13/12 0.45000                0.33665       0.11335
07/05/12 07/13/12 0.45000                0.33665       0.11335
10/03/12 10/12/12 0.45000                0.33665       0.11335

                  $       1.80000 $   1.34660 $       0.45340

The fourth quarter 2012 distributions being made to shareholders of record as
of January 4, 2013 are considered 2013 distributions for federal income tax
purposes. Shareholders are encouraged to consult with their tax advisors as
to their specific tax treatment of Mack-Cali Realty Corporation dividends.

Mack-Cali Realty Corporation is a fully integrated, self-administered,
self-managed real estate investment trust (REIT) providing management,
leasing, development, construction and other tenant-related services for its
class A real estate portfolio. Mack-Cali owns or has interests in 277
properties consisting of 271 office and office/flex properties totaling
approximately 31.6 million square feet and six multi-family rental properties
containing over 1,700 residential units, all located in the Northeast. The
properties enable the Company to provide a full complement of real estate
opportunities to its diverse base of commercial and residential tenants.

Additional information on Mack-Cali Realty Corporation is available on the
Company's website at

Statements made in this press release may be forward-looking statements within
the meaning of Section 21E of the Securities Exchange Act of 1934, as amended.
Forward-looking statements can be identified by the use of words such as
"may," "will," "plan," "potential," "should," "expect," "anticipate,"
"estimate," "continue," or comparable terminology. Such forward-looking
statements are inherently subject to certain risks, trends and uncertainties,
many of which the Company cannot predict with accuracy and some of which the
Company might not even anticipate, and involve factors that may cause actual
results to differ materially from those projected or suggested. Readers are
cautioned not to place undue reliance on these forward-looking statements and
are advised to consider the factors listed above together with the additional
factors under the heading "Disclosure Regarding Forward-Looking Statements"
and "Risk Factors" in the Company's Annual Reports on Form 10-K, as may be
supplemented or amended by the Company's Quarterly Reports on Form 10-Q, which
are incorporated herein by reference. The Company assumes no obligation to
update or supplement forward-looking statements that become untrue because of
subsequent events, new information or otherwise.

Contacts: Barry Lefkowitz              Ilene Jablonski
          Executive Vice President     Vice President of Marketing
          and Chief Financial Officer  Mack-Cali Realty Corporation
          Mack-Cali Realty Corporation (732) 590-1000
          (732) 590-1000

SOURCE Mack-Cali Realty Corporation

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